ATVI » Topics » Item 7.01 Regulation FD Disclosure.

This excerpt taken from the ATVI 8-K filed Oct 2, 2008.

Item 7.01 Regulation FD Disclosure.

 

Robert A. Kotick, the President and Chief Executive Officer of Activision Blizzard, Inc. (the “Company”), and Brian G. Kelly, the Company’s Co-Chairman, each established a securities trading plan designed to comply with Rule 10b5-1 under the Securities Exchange Act of 1934 (the “Exchange Act”), as a part of their long-term asset diversification strategies.  Under Mr. Kotick’s plan, which was adopted on September 10, 2008, several trusts and other entities may exercise, under pre-arranged terms, options to purchase up to 4,941,352 Company shares and sell the shares received upon exercise, as well as sell up to 6,742,424 of other Company shares.  Under Mr. Kelly’s plan, which was adopted on September 9, 2008, he may exercise, under pre-arranged terms, options to purchase up to 10,634,888 Company shares and sell the shares received upon exercise.  Both plans are in effect for a twelve month period.  Actual transactions under these plans will be reported from time to time, as appropriate, on Forms 4 and 144 filed with the Securities and Exchange Commission.

 

Rule 10b5-1 permits directors, officers and other employees to adopt written, pre-arranged stock trading plans when they are not aware of material non-public information about the company.  Other Company directors, officers or employees may adopt Rule 10b5-1 plans from time to time in the future.   Except as may otherwise be required, the Company does not undertake any obligation to update or report any modification, termination, or other activity under these plans or any other plan that may be adopted by other directors, officers or employees.

 

The information in this Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.

 

2



 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date:  October 2, 2008

ACTIVISION BLIZZARD, INC.

 

 

 

 

 

By:

/s/ George L. Rose

 

 

George L. Rose

 

 

Chief Legal Officer and Secretary

 

3


This excerpt taken from the ATVI 8-K filed Feb 23, 2005.

Item 7.01.    Regulation FD Disclosure.

        On February 23, 2005, Activision, Inc. issued a press release announcing (i) a four-for-three stock split, which shall be effected by a 33-1/3% stock dividend to stockholders of record as of March 7, 2005, payable on March 22, 2005, and (ii) a special meeting of its stockholders to take place on Monday, April 4, 2005. The purpose of the special meeting is to seek the consent of a majority of the outstanding stockholders of the Company to increase the number of authorized shares of common stock. The press release is attached hereto as Exhibit 99.1.

EXCERPTS ON THIS PAGE:

8-K
Oct 2, 2008
8-K
Feb 23, 2005
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki